Archive

Taskforce outlines 12 tools for zero carbon heating investment

An expert taskforce convened by the Coalition for the Energy Efficiency of Buildings (CEEB) has published a report detailing a dozen financial tools to bolster investment in the decarbonisation of UK domestic building heating.

CCCA banks to publish principles for low-carbon portfolio alignment

The Collective Commitment to Climate Action (CCCA) is to publish agreed principles and guidance for assessing portfolio alignment, and setting and reporting on alignment targets, by the end of Q1 2021.

BankTrack: Equator Principles projects 'unsatisfactory' on local engagement

No banks are outstanding at ESG, study finds

A study of 30 leading banks concluded that not one warranted being classified as 'outstanding' when it comes to integrating environmental, social and governance (ESG) criteria.

Green and sustainability-linked loan round-up: M+S, Naturgy, UOL, Argent

UN's Principles for Responsible Banking tightens signatory scrutiny

Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).

Siemens Gamesa inks medical research supporting bank guarantee

Wind turbine maker Siemens Gamesa signed an innovative €600 million bank guarantee line to cover the component construction for the world's largest offshore wind farm, with the premium on the deal used to finance a cancer research project.

UN calls for investor action in coronavirus response

The UN has called for some of the world's largest investors to join efforts to tackle the coronavirus pandemic, to respond to what it says is the greatest test since the organisation was founded, and to help "rebirth society as we know it".

Growing evidence of greenium for green bonds, says CBI

There is growing evidence that green bonds are attracting a 'greenium' amid strong investor demand, a report by the Climate Bonds Initiative (CBI) has found.